Market Report -- Ottawa, Ontario, Canada

Market Research

Properties

Ottawa, Ontario, Canada

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Commercial Ottawa
Last Updated: 5-Nov-2010

* Click on each category for a detailed definition.

	RENT/SF/Year			RENT/SF/Year
	Low	High	Effective Avg.	Low	High	Effective Avg.	Vacancy	Investment Yield
Downtown Office
New Construction (AAA)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	.0%
Class A (Prime)	CDN 30.00	CDN 35.00	N/A	$ 29.70	$ 34.65	N/A	3.3%	.0%
Class B (Secondary)	CDN 13.00	CDN 20.00	N/A	$ 12.87	$ 19.80	N/A	5.0%	.0%

Suburban Office
New Construction (AAA)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	.0%
Class A (Prime)	CDN 18.00	CDN 22.00	N/A	$ 17.82	$ 21.78	N/A	5.0%	.0%
Class B (Secondary)	CDN 9.00	CDN 12.00	N/A	$ 8.91	$ 11.88	N/A	5.0%	.0%

Industrial
Bulk Warehouse	CDN 4.00	CDN 6.00	N/A	$ 3.96	$ 5.94	N/A	5.8%	.0%
Manufacturing	CDN 6.00	CDN 11.00	N/A	$ 5.94	$ 10.89	N/A	5.8%	.0%
High Tech / R&D	CDN 8.00	CDN 10.00	N/A	$ 7.92	$ 9.90	N/A	12.8%	.0%

Retail
Downtown	CDN 20.00	CDN 50.00	N/A	$ 19.80	$ 49.50	N/A	2.1%	.0%
Neigborhood Service Centers	CDN 20.00	CDN 50.00	N/A	$ 19.80	$ 49.50	N/A	3.5%	.0%
Community Power Center	CDN 20.00	CDN 50.00	N/A	$ 19.80	$ 49.50	N/A	3.5%	.0%
Regional Malls	CDN 20.00	CDN 50.00	N/A	$ 19.80	$ 49.50	N/A	5.0%	.0%

Development Land	Low/Acre	High/Acre	Low/Acre	High/Acre
Office in CBD	CDN 17,000,000.00	CDN 17,000,000.00	$ 16,831,683.17	$ 16,831,683.17
Land in Office Parks	CDN 350,000.00	CDN 400,000.00	$ 346,534.65	$ 396,039.60
Land in Industrial Parks	CDN 275,000.00	CDN 375,000.00	$ 272,277.23	$ 371,287.13
Office/Industrial Land - Non-park	N/A	N/A	N/A	N/A
Retail/Commercial Land	CDN 350,000.00	CDN 2,000,000.00	$ 346,534.65	$ 1,980,198.02
Residential	CDN 375,000.00	CDN 3,000,000.00	$ 371,287.13	$ 2,970,297.03

Conversion 1.01CDN = 1 US$

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